Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Trading 3.7% Higher – Here’s Why

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ)’s stock price traded up 3.7% during mid-day trading on Friday . The stock traded as high as $24.65 and last traded at $24.31. Approximately 275,960 shares changed hands during trading, a decline of 33% from the average daily volume of 409,909 shares. The stock had previously closed at $23.45.

Sprott Junior Uranium Miners ETF Trading Up 3.7%

The company has a fifty day moving average of $23.82 and a 200-day moving average of $28.77.

Institutional Trading of Sprott Junior Uranium Miners ETF

Several institutional investors have recently made changes to their positions in the company. Allied Private Wealth LLC purchased a new stake in shares of Sprott Junior Uranium Miners ETF in the second quarter valued at about $39,000. Raymond James Financial Inc. purchased a new position in Sprott Junior Uranium Miners ETF during the second quarter worth about $55,000. Simplex Trading LLC purchased a new position in Sprott Junior Uranium Miners ETF during the fourth quarter worth about $74,000. Group One Trading LLC bought a new stake in Sprott Junior Uranium Miners ETF in the 4th quarter worth about $79,000. Finally, Advisory Services Network LLC bought a new stake in Sprott Junior Uranium Miners ETF in the 3rd quarter worth about $143,000.

Sprott Junior Uranium Miners ETF Company Profile

The Sprott Junior Uranium Miners ETF (URNJ) is an exchange-traded fund that is based on the Nasdaq Sprott Junior Uranium Miners index. The fund seeks to track an index of small cap uranium miners around the globe, primarily those with revenues tied to the uranium mining and uranium industry. Securities are selected using a fundamental, proprietary methodology and weighted by market cap. URNJ was launched on Dec 3, 2019 and is managed by Sprott.